Current reports

The Board  of Management of Centrum Nowoczesnych Technologii S.A. with its registered office in Sosnowiec (hereinafter referred to as the „Company"), acting pursuant to Article 395, 399 § 1, Article 402 (1) § 1 and § 2 and Article 402 (2) of the Commercial Companies Code, hereby convenes the Annual General Meeting of CNT S.A. (hereinafter referred to as the " Annual General Meeting" or "AGM") for 7 June 2018, at 11:30 a.m., at the Company's registered office in Sosnowiec, Partyzantów 11, with the following agenda:

1. Opening of the meeting and election of the Chairman of the Annual General Meeting.
2. Confirmation that the Annual General Meeting has been duly convened and is capable of adopting resolutions.
3. Adoption of the agenda.
4. Review and adoption of a resolution on approval of the financial statements  of CNT S.A. and the report on the activities of CNT S.A. for the financial year 2017.
5. Review and adoption of a resolution on approval of the consolidated financial statements of the CNT Capital Group and the report on the activities of the CNT Capital Group for the financial year 2017.
6. Review and adoption of a resolution on approval of the report of the Supervisory Board of Centrum Nowoczesnych Technologii S.A. on its activities for the year 2017.
7. Adoption of a resolution concerning the distribution of profit for the financial year 2017.
8. Adoption of resolutions concerning granting a vote of approval to members of the Company's Board of Management for the performance of their duties in the financial year 2017.
9. Adoption of resolutions concerning granting a vote of approval to members of the Company's Supervisory Board for the performance of their duties in the financial year 2017.
10. Adoption of  resolutions on determining the number of Members of the Supervisory Board of the new term of office and on electing Members of the Supervisory Board for the new joint term of office.
11. Closing of the meeting.

The full text of the announcement on convening the Annual General Meeting of the Company and the content of the draft resolutions, the Report of the Supervisory Board of CNT S.A. on its activities together with a concise assessment of the situation of the Company, including an assessment of the internal control system and the risk management system significant for the Company for 2017 and other reports of the Supervisory Board of CNT on matters included in the agenda of the Annual General Meeting of the Company and other required documents which will be presented to the Annual General Meeting of CNT S.A. convened for 7 June 2018 are appendices to this report, as well as they have been published on the Company’s website at: www.cntsa.pl.

Legal basis: § 19 section 1 point 1 and point 2 of the Ordinance of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and on conditions for recognising as equivalent information required by the law of a non-Member State (i.e. Journal of Laws 2018, item 757).

With reference to Current Report No. 24/2018, the Board of Management of Centrum Nowoczesnych Technologii Spółka Akcyjna with its registered office in Sosnowiec (hereinafter: the „Issuer", the „Company") hereby announces that on 9 May 2018, the Issuer obtained information about validation of the building permit covering construction of four multi-family residential buildings (B1, B2, B3 and B5) within realization of the second stage of Nowa 5 Dzielnica investment in Kraków.

According to the information obtained from the Kraków City Hall, due to the fact that the decision on the permit referred to in the aforementioned report was not appealed against within the time limit and procedure provided for by the law, it became final on 3 May 2018 and therefore is to be enforced.

Legal basis: Article 17(1) MAR - Confidential information.

The Board of Management of Centrum Nowoczesnych Technologii S.A. with its registered office in Sosnowiec (hereinafter referred to as the ” Issuer", the „Company") hereby announces that on 7 May 2018 the Supervisory Board of the Company adopted the following resolution

according to which it recommends to allocate the net profit generated in 2017 in the amount of PLN 7,423,550.11 in the following way:

- the amount of PLN 3,636,000.00 for the payment of dividends to shareholders,

- the amount of PLN 3,787,550.11 for the Company's supplementary capital.

Simultaneously, on the same day, the Supervisory Board gave a positive opinion on the draft resolutions submitted by the Board of  Management for the Ordinary General Meeting, and the draft resolution submitted by the Board of Management on the profit distribution for the financial year 2017 provided for the allocation of the entire profit earned to the Company's supplementary capital.

The final decision on the way of distribution of the profit earned by the Issuer for 2017 shall be made by the shareholders of the Company at the Ordinary General Meeting.

Legal basis: Article 17(1) MAR - Confidential information.

The Board of the Management of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (the "Issuer") announces that in connection with the sales of electricity by the subsidiary GET EnTra Sp. o.o. (The "Subsidiary") on 25 April 2018, the total value of trading on the Polish Power Exchange S.A. (the "Exchange") in the period from 21.04.2018 to 25.04.2018 amounted to PLN 106,757.10 thous. The aforementioned amount includes, among others purchase and sales of electricity and gas with a delivery date during the period from 21.04.2018 to 31.12.2019. The transaction with the highest value contained in the aforementioned period was a package of deals of 23.04.2018 including the purchase and sales of electricity with a total value of PLN 42,672.11 thous. with a delivery date during the period from 23.04.2018 to 31.12.2019.

The transactions referred to above made by the Subsidiary are carried out within the core business of energy trading, including in particular electricity trading and gas fuels trading in a network system.

Terms and conditions of concluded contracts (transactions) do not contain any provisions on contractual penalties as well as not diverge from typical terms and conditions of this kind / type of transactions on the market.

Legal Basis: Art. 17 (1) of MAR - confidential information.

The Board of the Management of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (the "Issuer") announces that in connection with the sales of electricity by the subsidiary GET EnTra Sp. o.o. (The "Subsidiary") on 20 April 2018, the total value of trading on the Polish Power Exchange S.A. (the "Exchange") in the period from 14.04.2018 to 20.04.2018 amounted to PLN 120,453.70 thous. The aforementioned amount includes, among others purchase and sales of electricity and gas with a delivery date during the period from 15.04.2018 to 31.12.2019. The transaction with the highest value contained in the aforementioned period was a package of deals of 16.04.2018 including the purchase and sales of electricity with a total value of PLN 50,175.72 thous. with a delivery date during the period from 17.04.2018 to 31.12.2019.

The transactions referred to above made by the Subsidiary are carried out within the core business of energy trading, including in particular electricity trading and gas fuels trading in a network system.

Terms and conditions of concluded contracts (transactions) do not contain any provisions on contractual penalties as well as not diverge from typical terms and conditions of this kind / type of transactions on the market.

Legal Basis: Art. 17 (1) of MAR - confidential information.

The Board of Management of Centrum Nowoczesnych Technologii Spółka Akcyjna with its registered office in Sosnowiec (hereinafter referred to as the „Issuer") hereby announces that on 17 April 2018 the Issuer received information from the Subsidiary, i.e. Centrum Nowoczesnych Technologii Spółka Akcyjna spółka komandytowa (the “Subsidiary") that on 17 April 2018 the Subsidiary received a decision issued by the Mayor of the City of Kraków on 13 April 2018, approving the construction design and granting a building permit for the construction of a complex of multi-family residential buildings with services, with internal installations and underground car parks together with land development including the necessary technical infrastructure, internal roads, above-ground parking spaces and small architecture on the property located in Krakow in the district of Krowodrza - the acquisition of which was announced by the Issuer in the Curretn Report No. 40/2016. The decision in question shall become final and binding if the parties to the proceedings fail to lodge an appeal within 14 days of its delivery to the parties and it concerns the buildings with the numbers B1, B2, B3 and B5, constructed as part of the implementation of the second stage of the Nowa 5 Dzielnica investment. The buildings will have 7 overground floors, two-level underground car parks, with a total usable area of about 20 thousand m2.

The investment in question is located within the area of validity of the Łobzów local master plan - the area of Łokietka and Wrocławska Streets in Kraków, approved by a resolution of the Kraków City Council of 7 February 2018.

In the Company's opinion, implementation of the second stage of the Nowa 5 Dzielnica investment will significantly affect financial results of future reporting periods of the CNT Capital Group in connection with the development of developer activities run by the Subsidiary.   

Legal basis: Article 17(1) MAR - Confidential information.      

Referring to the Current Report No. 18/2018 concerning, among others, the commitment of the State Treasury represented by the Mayor of the City of Kraków to file a statement on withdrawal of the action for termination of the perpetual usufruct agreement filed against Centrum Nowoczesnych Technologii Spółka Akcyjna sp.k. (hereinafter: "Subsidiary"), the Board of Management of Centrum Nowoczesnych Technologii Spółka Akcyjna with its registered office in Sosnowiec (hereinafter referred to as the "Issuer", the "Company") hereby announces that today, i.e. on 13 April 2018 received information from the Subsidiary about information it received earlier today from the Mayor of the City of Kraków representing the State Treasury that the plaintiff filed a motion with the District Court in Kraków, 1st Civil Department, to withdraw the lawsuit against the Subsidiary along with waiving the claim.

The Issuer reminds that the withdrawal of the claim was one of the elements of the agreement concluded with the Cracow City Hall, mentioned in the aforementioned current report. 

Legal basis: Article 17(1) MAR - Confidential information.      

The Board of the Management of Centrum Nowoczesnych Technologii S.A. based in Sosnowiec (the "Issuer") announces that in connection with the sales of electricity by the subsidiary GET EnTra Sp. o.o. (The "Subsidiary") on 13 April 2018, the total value of trading on the Polish Power Exchange S.A. (the "Exchange") in the period from 11.04.2018 to 13.04.2018 amounted to PLN 111,496.52 thous. The aforementioned amount includes, among others purchase and sales of electricity and gas with a delivery date during the period from 12.04.2018 to 31.12.2019. The transaction with the highest value contained in the aforementioned period was a package of deals of 13.04.2018 including the purchase and sales of electricity with a total value of PLN 53,312.60 thous. with a delivery date during the period from 14.04.2018 to 31.12.2019.

The transactions referred to above made by the Subsidiary are carried out within the core business of energy trading, including in particular electricity trading and gas fuels trading in a network system.

Terms and conditions of concluded contracts (transactions) do not contain any provisions on contractual penalties as well as not diverge from typical terms and conditions of this kind / type of transactions on the market.

Legal Basis: Art. 17 (1) of MAR - confidential information.

With reference to the current report No. 20/2018 dated 10 April 2018 on convening the Extraordinary General Meeting of CNT S.A. for 7 June 2018 ("EGM"), the Board of Management of Centrum Nowoczesnych Technologii S.A. with its registered office in Sosnowiec (hereinafter "the Company") hereby announces that in the Annex to the aforementioned report the Board of Management of Centrum Nowoczesnych Technologii S.A. there was an obvious writing mistake on the part of the writer which consists in indicating 7 June 2017 as the date of the Extraordinary General Meeting, whereas the correct date of the Extraordinary General Meeting, as indicated in the content of the appendix, is 7 June 2018. In view of the above, the Company encloses the content of the notice on convening the Extraordinary General Meeting, corrected in the scope specified above. In the remaining scope, the announcement on convening the Extraordinary General Meeting, as well as the second appendix to the aforementioned current report, including draft resolutions, have not been changed.                            

Legal basis: Article 56 sec. 1 point 2(b) of the Act on Public Offering - current and periodical information.

With reference to current report No. 23/2017, the Board of Management of Centrum Nowoczesnych Technologii S.A. with its registered office in Sosnowiec (the "Issuer", or the "Company") hereby announces that on 10 April 2018 the Supervisory Board of the Company, acting pursuant to § 18 section 1 point 11 of the Company's Articles of Association adopted a resolution on a partial amendment to the resolution of the Supervisory Board of Centrum Nowoczesnych Technologii S.A. of 12 May 2017, referred to in the aforementioned current report (the "Resolution"), in such a way that the scope of this Resolution covers the audit of the separate and consolidated financial statements of CNT S.A. for the years 2017 and 2018 and a review of the separate and consolidated financial statements for the first half of 2017 and 2018.

At the same time, the Supervisory Board authorised the Board of Management of the Company to adapt an agreement with the audit firm selected on the basis of the amended Resolution to the provisions of the resolution of today, in such a way that it shall also cover a review and an audit of all the Company's financial statements for 2018, respectively.

Adopting an amending resolution, the Supervisory Board took into account a  recommendation of the Audit Committee, functioning within the Supervisory Board of the Company, in which the Audit Committee has made a positive assessment of the independence of the audit firm if the term of the agreement is extended. The Audit Committee has approved and authorised BDO to carry out activities, other than the audit , in the form of including in the review of semi-annual financial statements for 2018.

In connection with the above, the deadline for the Issuer's cooperation with BDO Spółka z ograniczoną odpowiedzialnością with its registered office in Warsaw, Postępu 12, 02-676 Warsaw, entered by the National Council of Statutory Auditors on the list of audit firms under number 3355 (hereinafter referred to as the "BDO") has been extended to 2018, as the entity authorized to audit and review the Company's financial statements for 2017 and 2018.

The original agreement with BDO shall be adjusted to include also the audit of the separate and consolidated financial statements of CNT S.A. for 2018 and a review of the separate and consolidated financial statements of CNT S.A. for the first half of 2018 and it shall be extended for the period of performance of its subject. An amendment to the aforementioned resolution of the Supervisory Board was made in accordance with the binding regulations.

The Issuer used the services of BDO in the scope of audit of annual separate and consolidated financial statements and a review of semi-annual separate and consolidated financial statements for 2006, 2007, 2008, 2009, 2010, 2011, 2013, 2014 and for the first half of 2017 and for 2017.

Specific legal basis: § 5 sec. 1 item 19 in connection with § 25 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and on conditions for recognising as equivalent information required by the law of a non-Member State (i.e. Journal of Laws of 2014, item 133, as amended).